Dra Compliant Annuities

ENNSYLVANIA EDICAID NNUITIES - Welcome To PaANNUITY.COM
And Medicare Services, entitled " 'Changes in Medicaid Annuity Rules under the Deficit Reduction Act of 2005,' " which stated in part: "The State may take into consideration the compliant annuities, it would have said so. It did not." Id. {¶43} ... Document Retrieval

Promissory Note Decisions: A Note Of Certainty In Post DRA ...
DRA-compliant promissory notes for individuals who are in imminent need of long term care services. TRIGGERING THE PENALTY PERIOD and annuities. It appears that the use of the promissory note is one of the most likely to succeed. ... View This Document

RCopyright The Connecticut Lawyer.
Knell’ for otherwise compliant annuities, it would have said so. The Deficit Reduction Act (DRA) of 2005 permits states to treat annuity income as an asset. DSS, relying on subsection (4) of 42 U.S.C § 1396p(e), argued that the DRA made it ... Fetch Doc

Tools, Techs, Strats To Bulid EL Practice 4.28
The use of DRA compliant annuities and promissory notes, enhancing the community spouse resource and income allowances, and the use of a spousal refusal strategy will be explored, including the risk of estate ... Retrieve Content

Indiana’s New (Revised) Medicaid Law For The Solo Or Small Firm
DISCLOSURE AND TREATMENT OF ANNUITIES §6012(b) Pre-DRA LAW. Post-DRA LAW. Indiana published its new proposed DRA compliant rules on August 29, 2008 to conform to the Deficit Reduction Act of 2005, Pub. L. No. 109-171, ... Read More

A CHECKLIST FOR STATE LEGISLATORS ON THE DEFICIT REDUCTION ACT
Disclosure of annuities and language which names the provisions mandated by the DRA that allow for the waiver of a penalty period? DOCUMENTATION OF of the law and deemed compliant by the U.S. Department of Health and Human Services, ... Retrieve Full Source

Annuities Post DRA
Nual Payout Medicaid Compliant Annuity with his cur-rent IRA, in November of 2008, and in the amount of $250,000.00, structured with nine (9) annual pay- Annuities Post DRA Cheryl L. Fletcher, RFC www.APSannuities.com Please Visit Us At Our Website: Mailing Address 4359 Vinca Court ... View Full Source

THURSDAY, NOVEMBER 1, 2012
An Overview of Medicaid and the Deficit Reduction Act of 2005 Compliant Annuities, and progress to an in-depth analysis of how they are utilized in various scenarios including individuals and married couples. 2:30 pm to 2:45 pm Break ... Read Full Source

E-Letter
• 2010 BSA Compliant Audit Toolkit •Council Guide to an Audit Engagement and we have seen a dra-matic improvement in the quality of the charitable annuities, charitable remainder trusts, and charitable lead trusts; ... Get Content Here

Weekly Estate, Tax & Elder Law FaxLetter
This article is intended to provide an introduction to the federal and state treatment of DRA compliant annuities. Prior to DRA, annuities were frequently employed to protect the assets of married couples. ... Doc Viewer

Estate Planning For Medicaid And VA Benefits
The DRA requires that the penalty begin when the gift is made, or the date when the applicant would “otherwise be eligible” (i.e. medically and • VA Compliant Annuities • Payments to a caretaker child • Purchasing funeral/burial and personal item ... Access Doc

Elder Law Notes - Alabama State Bar
Recent cases have upheld the purchase of DRA compliant annuities by community spouses to protect resources in excess of the default CSRA. NASMD now wants CMS to change its rules so that annuities will be treated like trusts which would A copy of ... Return Doc

Deficit Reduction Act Of 2005 - Wikipedia, The Free Encyclopedia
The Deficit Reduction Act of 2005 is a United States Act of Congress concerning the budget, that became law in 2006. Contents. Establishes new rules for the treatment of annuities, including a requirement that the state be named as the remainder beneficiary. ... Read Article

Tools, Techniques And Strategies To Build A Successful Elder ...
Of DRA compliant annuities and promissory notes, enhancing the community spouse resource and income allowances, and the use of a spousal refusal strategy will be explored, including the risk of estate recovery and “post-eligibility” planning for the community spouse. ... Read Here

The ElderLaw Report
Payments from a DRA-compliant annuity owned by restricting the effect of the rules on disclosure of annuities a community spouse are a countable resource. The NM. court fails to consider the context of In the ... Return Doc

Medicaid Planning [Read-Only] - The Wealth Preservation ...
Gifting Strategies: Post DRA 2005 Medicaid Compliant Annuities Case Study 1: Marital Crisis Case Case Study 2: Single Crisis Case Case Study 3: Marital Pre-Planning Case Happy Hour/Dinner (on your own) DAY 2: MARKETING & COACHING How to become the local Trusted Advisor ... Access Document

Olsenelderlaw.com
The Deficit Reduction Act of 2005, Medicaid Changes: 1. Homeplace Limit. use of DRA-compliant annuities or promissory notes, and the use of pooled trusts. Post DRA-Law. The Medicaid applicant or her spouse must disclose interest in ann. ... Fetch This Document

Areyou$required$to$designatethestateas$a$beneficiary$on$Medicaid$Compliant$Annuities$consisting$of$ (“DRA”),!this!no!longer!holds!true.!! The!majority!of!the!states!have!published!their!own!requirements!regarding!the!beneficiary!rules! ... Get Doc

NYSBA Sections Elder Law ENews
Inasmuch as this was a fully compensated transfer pursuant to a DRA compliant promissory note. The annuities governed by 06 OMM/ADM-5 (non-qualified funds); however, qualified funds are not governed by 06 ... Retrieve Here

Medicaid Planning Seminar (education And Sales/marketing ...
Gifting Strategies: Post DRA 2005 Medicaid Compliant Annuities Case Study 1: Marital Crisis Case Case Study 2: Single Crisis Case Case Study 3: Marital Pre-Planning Case Happy Hour/Dinner (on your own) DAY 2: MARKETING & COACHING How to become the local Trusted Advisor ... Content Retrieval